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Copper Exploration Heating Up (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
3 Stocks Set to Lead the Nasdaq Bull Market
Elon Musk is Worried about China (Ad)
Companies facing 1st tax on stock buybacks in Biden bill
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Is Ford About To Crush Workhorse Group? 
3 Blowout Earnings Reports That Could Mark Turning Points
Stocks end higher on Wall Street; economic worries hit oil
Copper Exploration Heating Up (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
3 Stocks Set to Lead the Nasdaq Bull Market
Elon Musk is Worried about China (Ad)
Companies facing 1st tax on stock buybacks in Biden bill
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Is Ford About To Crush Workhorse Group? 
3 Blowout Earnings Reports That Could Mark Turning Points
Stocks end higher on Wall Street; economic worries hit oil
Copper Exploration Heating Up (Ad)
S&P 500   4,297.14
DOW   33,912.44
QQQ   333.06
3 Stocks Set to Lead the Nasdaq Bull Market
Elon Musk is Worried about China (Ad)
Companies facing 1st tax on stock buybacks in Biden bill
Buffett's firm buys more Apple, Amazon while betting on oil
Norway hits export record amid soaring gas prices
Economic and National Security Threats Create Lithium Bonanza (Ad)
Is Ford About To Crush Workhorse Group? 
3 Blowout Earnings Reports That Could Mark Turning Points
Stocks end higher on Wall Street; economic worries hit oil
Copper Exploration Heating Up (Ad)
NASDAQ:UCTT

Ultra Clean - UCTT Stock Forecast, Price & News

$33.72
-0.71 (-2.06%)
(As of 08/15/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.52
$34.60
50-Day Range
$26.99
$36.09
52-Week Range
$26.00
$60.84
Volume
220,827 shs
Average Volume
314,826 shs
Market Capitalization
$1.53 billion
P/E Ratio
19.27
Dividend Yield
N/A
Price Target
$47.75

Ultra Clean MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
41.6% Upside
$47.75 Price Target
Short Interest
Healthy
2.55% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.85mentions of Ultra Clean in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$49,815 Sold Last Quarter
Proj. Earnings Growth
19.07%
From $3.88 to $4.62 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.01 out of 5 stars

Computer And Technology Sector

40th out of 664 stocks

Semiconductors & Related Devices Industry

10th out of 100 stocks

UCTT stock logo

About Ultra Clean (NASDAQ:UCTT) Stock

Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system. It also offers various industrial and automation production equipment; fluid delivery systems consist of one or more chemical delivery units, including PFA tubing, filters, flow controllers, regulators, component heaters, and an integrated electronic and/or pneumatic control system; precision robotic systems; top-plate assemblies; frame assemblies; process modules, a subsystem of semiconductor manufacturing tools that process integrated circuits onto wafers; and other high-level assemblies. In addition, the company provides tool chamber parts cleaning and coating services; micro-contamination analysis services for tool parts, wafers and depositions, chemicals, cleanroom materials, deionized water, and airborne molecular contamination; and analytical verification services for process tool chamber part cleaning. It primarily serves original equipment manufacturing customers in the semiconductor capital equipment and semiconductor integrated device manufacturing industries, as well as display, consumer, medical, energy, industrial, and research equipment industries. The company was founded in 1991 and is headquartered in Hayward, California.

Ultra Clean Price Performance

Shares of NASDAQ:UCTT opened at $33.72 on Tuesday. The firm has a market capitalization of $1.53 billion, a P/E ratio of 19.27 and a beta of 1.96. The company has a quick ratio of 1.79, a current ratio of 2.81 and a debt-to-equity ratio of 0.59. The stock's 50-day simple moving average is $31.44 and its two-hundred day simple moving average is $36.55. Ultra Clean has a twelve month low of $26.00 and a twelve month high of $60.84.

Ultra Clean (NASDAQ:UCTT - Get Rating) last announced its earnings results on Thursday, July 28th. The semiconductor company reported $1.04 earnings per share for the quarter, topping analysts' consensus estimates of $0.93 by $0.11. The business had revenue of $608.70 million for the quarter, compared to analyst estimates of $590.84 million. Ultra Clean had a return on equity of 20.19% and a net margin of 3.42%. The company's quarterly revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.92 EPS. As a group, equities analysts anticipate that Ultra Clean will post 3.88 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. TheStreet cut Ultra Clean from a "b-" rating to a "c+" rating in a report on Friday, July 29th. Cowen dropped their price objective on Ultra Clean to $42.00 in a report on Tuesday, August 9th. DA Davidson dropped their price objective on Ultra Clean from $80.00 to $65.00 in a report on Thursday, April 28th. Cowen dropped their price objective on Ultra Clean from $54.00 to $42.00 in a report on Monday, August 1st. Finally, Needham & Company LLC dropped their price objective on Ultra Clean from $45.00 to $42.00 and set a "buy" rating on the stock in a report on Friday, July 29th.

Insider Activity

In other news, Director Jacqueline A. Seto sold 1,460 shares of the stock in a transaction dated Friday, May 27th. The stock was sold at an average price of $34.12, for a total transaction of $49,815.20. Following the transaction, the director now directly owns 11,809 shares in the company, valued at approximately $402,923.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 2.10% of the company's stock.

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UCTT Stock News Headlines

How This Rare Metal Is Going To Solve A $173 TRILLION World Problem… And Could Benefit Investors
According to Bloomberg NEF, changing the world to "All Green Energy" could cost about $173 trillion. And without this rare metal, going green would be IMPOSSIBLE. That's why there's a literal "gold rush" to find it. (HINT: It's not electric vehicles, nuclear power, or wind energy).
Ultra Clean (NASDAQ:UCTT) Price Target Cut to $42.00
Cowen Lowers Ultra Clean (NASDAQ:UCTT) Price Target to $42.00
Economic and National Security Threats Create Lithium Bonanza
The U.S. and China are fighting for new sources of lithium – the linchpin of clean energy. Lithium mining operations have been declared a national emergency. Biden has ordered America's lithium supply chain to be strengthened and investors in lithium exploration companies are rejoicing. We may be entering a decades-long lithium bull run. You don't want to miss it.
Ultra Clean (UCTT) to Release Earnings on Thursday
Ultra Clean Holdings Q1 2022 Earnings Preview
See More Headlines
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UCTT Company Calendar

Last Earnings
7/28/2022
Today
8/16/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
Semiconductor Equipment
Current Symbol
NASDAQ:UCTT
CUSIP
90385V10
Employees
7,066
Year Founded
1991

Price Target and Rating

Average Stock Price Forecast
$47.75
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$42.00
Forecasted Upside/Downside
+41.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$119.50 million
Pretax Margin
5.29%

Debt

Sales & Book Value

Annual Sales
$2.10 billion
Cash Flow
$5.32 per share
Book Value
$19.88 per share

Miscellaneous

Free Float
44,477,000
Market Cap
$1.53 billion
Optionable
Optionable
Beta
1.96

Social Links















UCTT Stock - Frequently Asked Questions

Should I buy or sell Ultra Clean stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ultra Clean in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" UCTT shares.
View UCTT analyst ratings
or view top-rated stocks.

What is Ultra Clean's stock price forecast for 2022?

2 Wall Street research analysts have issued 1 year price targets for Ultra Clean's shares. Their UCTT share price forecasts range from $42.00 to $65.00. On average, they anticipate the company's share price to reach $47.75 in the next year. This suggests a possible upside of 41.6% from the stock's current price.
View analysts price targets for UCTT
or view top-rated stocks among Wall Street analysts.

How have UCTT shares performed in 2022?

Ultra Clean's stock was trading at $57.36 at the start of the year. Since then, UCTT stock has decreased by 41.2% and is now trading at $33.72.
View the best growth stocks for 2022 here
.

When is Ultra Clean's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our UCTT earnings forecast
.

How were Ultra Clean's earnings last quarter?

Ultra Clean Holdings, Inc. (NASDAQ:UCTT) released its quarterly earnings results on Thursday, July, 28th. The semiconductor company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.11. The semiconductor company earned $608.70 million during the quarter, compared to the consensus estimate of $590.84 million. Ultra Clean had a net margin of 3.42% and a trailing twelve-month return on equity of 20.19%. The company's revenue for the quarter was up 18.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.92 earnings per share.

What guidance has Ultra Clean issued on next quarter's earnings?

Ultra Clean issued an update on its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of $0.94-$1.18 for the period, compared to the consensus earnings per share estimate of $1.23. The company issued revenue guidance of $585.00 million-$645.00 million, compared to the consensus revenue estimate of $628.38 million.

What is Jim Scholhamer's approval rating as Ultra Clean's CEO?

35 employees have rated Ultra Clean Chief Executive Officer Jim Scholhamer on Glassdoor.com. Jim Scholhamer has an approval rating of 56% among the company's employees. This puts Jim Scholhamer in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Ultra Clean own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ultra Clean investors own include Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), Intelsat (I), Bank of America (BAC), Block (SQ), AMC Entertainment (AMC), Hello Group (MOMO), Cypress Semiconductor (CY) and Fossil Group (FOSL).

What is Ultra Clean's stock symbol?

Ultra Clean trades on the NASDAQ under the ticker symbol "UCTT."

Who are Ultra Clean's major shareholders?

Ultra Clean's stock is owned by a variety of institutional and retail investors. Top institutional investors include State Street Corp (3.32%), Paradigm Capital Management Inc. NY (2.96%), Royce & Associates LP (1.84%), Vaughan Nelson Investment Management L.P. (1.33%), Northern Trust Corp (1.11%) and Congress Asset Management Co. MA (0.92%). Insiders that own company stock include Chris Siu, Clarence L Granger, David T Ibnale, Emily M Liggett, Jacqueline A Seto, James P Scholhamer, Joan Sterling, Leonid Mezhvinsky, Paul Yoonku Cho, Sheri Savage, Thomas T Edman, Vijayan S Chinnasami and William Joe Williams.
View institutional ownership trends
.

How do I buy shares of Ultra Clean?

Shares of UCTT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ultra Clean's stock price today?

One share of UCTT stock can currently be purchased for approximately $33.72.

How much money does Ultra Clean make?

Ultra Clean (NASDAQ:UCTT) has a market capitalization of $1.53 billion and generates $2.10 billion in revenue each year. The semiconductor company earns $119.50 million in net income (profit) each year or $1.75 on an earnings per share basis.

How many employees does Ultra Clean have?

The company employs 7,066 workers across the globe.

When was Ultra Clean founded?

Ultra Clean was founded in 1991.

How can I contact Ultra Clean?

Ultra Clean's mailing address is 26462 CORPORATE AVENUE, HAYWARD CA, 94545. The official website for the company is www.uct.com. The semiconductor company can be reached via phone at (510) 576-4400, via email at investors@uct.com, or via fax at 510-576-4401.

This page (NASDAQ:UCTT) was last updated on 8/16/2022 by MarketBeat.com Staff

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